What is Codatta (XNY)?

By CMC AI
21 June 2026 02:45PM (UTC+0)
TLDR

Codatta (XNY) is a decentralized, multi-chain protocol designed to transform individual knowledge into verifiable digital assets, creating a marketplace where data contributors can earn ongoing royalties from AI and scientific research.

  1. Data Asset Marketplace – It connects data creators with AI developers, turning raw information into tokenized, high-quality datasets.

  2. Royalty-Driven Tokenomics – The native XNY token facilitates payments, incentivizes quality contributions, and enables governance, rewarding creators with perpetual royalties.

  3. Hybrid Blockchain Architecture – The protocol operates across chains like Solana, BNB Chain, and Ethereum, using on-chain proofs for transparency while storing sensitive data off-chain.

Deep Dive

1. Purpose & Value Proposition

Codatta addresses a core challenge in AI development: the need for high-quality, verifiable training data. It creates a permissionless marketplace that connects data creators—individuals contributing knowledge or annotations—with data demanders like AI labs and decentralized science (DeSci) projects. By transforming raw data into tokenized assets, it aims to solve issues of data silos, integrity, and unfair monetization. Contributors earn perpetual royalties when their datasets are used, aligning incentives for long-term, quality participation (Codatta).

2. Tokenomics & Governance

The ecosystem is powered by the XNY token, with a fixed supply of 10 billion. Its utility is threefold: as a payment medium for accessing datasets, a staking and incentive mechanism to reward high-quality contributions, and a governance tool for community-led protocol decisions. This model is designed to ensure that value flows back to the data creators, establishing a sustainable data economy rather than a speculative asset.

3. Technology & Architecture

Codatta is built as a multi-chain protocol, currently deployed on Solana, BNB Chain, and Ethereum for broad accessibility. It employs a hybrid storage model: critical proofs of ownership and transaction lineage are stored on-chain for transparency and auditability, while the actual dataset contents are kept in encrypted, off-chain storage for efficiency and privacy. This architecture, governed by smart contracts, seeks to balance verifiability with practical scalability.

Conclusion

Fundamentally, Codatta is building a decentralized knowledge layer for AI, where data attribution and creator compensation are engineered into the protocol's core. Will its model of tokenized data assets and perpetual royalties become a standard for sourcing trustworthy information in the age of AI?

CMC AI can make mistakes. Not financial advice.